Press release
Log Management Market To Offer Lucrative Growth Opportunities For Players During Forecast Period 2023 - 2032 : Fact.MR
The global log management market is expected to secure a revenue of US$ 7.8 Billion by the end of the 2022-2032 forecast period, while exhibiting a CAGR of 11.4%. Expansion of the market can be attributed to the commercialization of IT applications across several industry verticals.With the generation of massive log data sets, the market is likely to propel at a significant rate in the forecast period. Factors such as; growing dependence on IT and the implementation of stringent government rules are likely to augment the market growth in the assessment period. In addition, the growing trend of cloud-based log management practices, and rising demand for business intelligence among others are expected to drive the cloud-based log management practices, thereby, driving the market in the forecast period.
According to the analysis, the cheap costs associated with log management are likely to allow SMEs to deploy these solutions. The high rate of adoption of log management by SMEs would smoothen the growth of the market. Also, rise in advanced persistent threats (APTs) and attacks, the demand for advanced log management is likely to grow in the assessment period. Owing to the aforementioned reasons, the market is expected to grow by 3x times during the forecast period from 2022- to 2032.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=7304
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ผ๐บ๐ฝ๐ผ๐ป๐ฒ๐ป๐ :
Log Management by Solutions
Log Management by Services
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฒ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ ๐ ๐ผ๐ฑ๐ฒ :
Cloud-Based Log Management
On-Premises Log Management
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ข๐ฟ๐ด๐ฎ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ฆ๐ถ๐๐ฒ :
Small and Medium Enterprises Log Management
Large Enterprises Log Management
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฉ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฎ๐น :
Log Management in IT and ITeS
Log Management in Banking, Financial Services, And Insurance
Log Management in Healthcare
Log Management in Retail and Ecommerce
Log Management in Telecom
Log Management in Education
Others
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ผ๐ด ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :
Log Management in North America
Log Management in Europe
Log Management in Asia Pacific
Log Management in Middle East & Africa
Log Management in Latin America
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=7304
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข The global log management market to value US$ 2.6 Billion in 2022
โข The global log management market to have garnered US$ 2.3 Billion by 2021
โข The solution segment to expand at a CAGR of 11% by 2032
โข The US market to secure US$ 2.7 Billion by 2032
โข The CAGR of the U.K market is projected to be 11.4% from 2022-to 2032
โข Market in China to secure US$ 116.1 Million by 2032
โข Japanese market to garner US$ 94 Million
โข Growth rate of South Korea is estimated at 9.9% from 2022-to 2032
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Key players in the global log management market include MICRO FOCUS, SOLARWINDS, SPLUNK, IBM, and RAPID7. Recent key developments in the market are:
โข In January 2020, Micro Focus launched Voltage SmartCipher, a developed solution that offers secure collaboration and simplifies unstructured data protection and management. The solution is integrated with necessary technological attributes for privacy and security.
โข In February 2020, McAfee updated its MVISION solution by rolling out Unified Cloud Edge. It is a solution that secures organizations' data across the equipment, web, and the cloud; Cloud Native Infrastructure Security allows the enterprises in protecting the entire infrastructure; a worldwide Managed Detection and Response (MDR) offering and accelerated partner momentum.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/7304
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
Fact.MR, in its new offering, presents an unbiased analysis of the global log management market presenting historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Market by Component (Solutions, Services), Deployment Mode (Cloud-Based, On-Premises), Organization Size (Small and Medium Enterprises, Large Enterprises), Vertical (IT and ITeS, Banking, Financial Services, And Insurance, Healthcare, Retail and Ecommerce, Telecom, Education) Global & Region (North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa).
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